Titlebook: Handbook of Regional Science; Manfred M. Fischer,Peter Nijkamp Living reference work 20200th edition

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Magnitude

Housing Choice, Residential Mobility, and Hedonic Approaches, move or not and, if they move, their choice of new residence. Topics covered in this chapter include the theory behind the move-or-stay decision, modeling intra- and interregional moves, empirically validated determinants of moving, and macro- and microlevel studies on mobility. Next, house price h

delusion

WAX

Labor Market Theory and Models,geographic space. Labor supply curves are based on utility-maximizing choices between working and leisure, subject to a budget constraint, while labor demand curves are derived from the firm’s production function assuming profit-maximizing behavior. The challenges of defining and empirically delimit

Vulnerable

Spatial Mismatch, Poverty, and Vulnerable Populations,on initially applied to African Americans in US inner cities, spatial mismatch has a broader validity beyond the sole US context. In light of a detailed presentation of the mechanisms at work, we present the main results from various empirical tests of the spatial mismatch theory. Since key aspects

anaerobic

Job Search Theory,tion of the basic model, the chapter moves onto analyzing how the original framework has been extended by removing some of the initial limitations. The matching function theory, which represents one of the main developments of job search theory in more recent years and whose importance has been reco

Euthyroid

Regional Employment and Unemployment,ies of explanations for it using a basic model of labor supply and demand. The persistence of regional unemployment differentials points to inefficiencies in labor markets that in the long run could affect aggregate unemployment rates. Both a lack of labor demand and a constraint of labor supply inc

合唱团

Spatial Equilibrium in Labor Markets,implicit view that wage differentials corresponded to utility differentials. This “labor economics” view is likely to be viable as long as movement and information costs are high, and under this view, the movements would be expected to cause wage convergence over space. In recent decades, beginning

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Commuting, Housing, and Labor Markets,en challenged by the finding that actual commuting patterns are far from efficient. However, this “wasteful” commuting is better interpreted as an indication of labor market frictions that are traded off against commuting frictions than as a neglect of commuting costs. Urban sprawl results from the

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